Quote from: babygun on August 17, 2021, 09:46:41 AM

Quote from: TimeTeller on August 16, 2021, 08:42:30 PM

Are you going to put the 1k BFG tokens to farming or staking?
Because for staking, you can get the approximate payouts from their site, you just need to calculate at 1k tokens.
But for farming, this one is quite difficult as the APR changes from time to time, so you can't get good estimates here.
Also their farming has only certain number of blocks to be finished. So you don't know if you can get the dividends that you want after the round is finished.
At the end of the day, you will be the one who will decide where to put your tokens, in staking or farming?

I would put it in staking. Just did some calculations, based on the current values. Buying 1000 BFG tokens would cost 33$. Made some assumptions: all staking values would remain the same and I calculated with 2 possible crypto prices (one low and one high). Based on this, it would take 10 months (in a bull market) before you would break even.
Any thoughts on this?

With only 1,000 BFG tokens you will only get a few dollars in each coin after 1 year. There's not much you can do with a few dollars in BTT or TRX. Consolidating all your coins into a single currency would be a real pain in the ass because you would lose a lot in withdrawal fees from exchanges.

The APR from staking might go down and the price of BFG could go up making farming a potentially better option. It is not easily predictable which option will give you better returns. For me it is more about the tradeoffs than the amount of time it would take to recover the initial investment.